facebook

traded

+ Submit
Home

/

Deals

/

California

/

Office

/

Lease

/

3211 Olympic Boulevard

Angel City Football Club Expands Lease At Media Park Santa Monica For 14,361 Square Feet
LEASEDOffice

Angel City Football Club Expands Lease At Media Park Santa Monica For 14,361 Square Feet

3211 Olympic Boulevard & 1855 Centinela Avenue

Building Size

28,722 SF

Asset Type

Office

Closing

Apr 7, 2026

AI

The asset involved in the transaction is an office space located at 3211 Olympic Boulevard & 1855 Centinela Avenue in the Santa Monica market. The property has a total square footage of 14,361 and is characterized by features such as 22-foot ceilings and large private outdoor areas. The layout is designed with a focus on collaboration, catering to the tenant's demand for a hospitality-driven, non-corporate office environment.

Summary of transaction details:

The lease renewal was announced by Avison Young, reaffirming Angel City Football Club's commitment to a long-term tenure at Media Park Santa Monica, a 100,000-square-foot creative office campus. This lease reflects the growing trend towards flexible work environments that support collaborative and innovative work culture.

Players

Mitchell Stokes

Avison Young

Broker

$22.3M

vol

4 deals

Broker
Vista Investment Group
Vista Investment GroupLandlord
Angel City Football Club
Angel City Football ClubTenant

Santa Monica Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93